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The European Parliament's Economic and Monetary Affairs Committee is set to vote on the European Market Infrastructure Regulation and is expected to reject crucial details of the derivatives reform. The development could be "precedent setting" for the region's policymaking process, experts say. "This is definitely new territory -- this has never happened before," said Tim Gieles, a manager at Cicero. "It's clear the European Parliament wants to take big and bold action."

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The Renewable Fuels Association and six other biofuel groups are seeking to intervene in a lawsuit brought by an oil-industry group against the 2012 cellulosic and advanced biofuel targets under the Renewable Fuel Standard. In their filing, the groups said the Environmental Protection Agency's 2012 targets are based on market data and are in keeping with rules set by Congress. "Precedent makes clear that EPA can adopt standards calculated to spur development, consistent with Congress's express statutory objectives," the groups' filing stated.

The party leaders of Greece's coalition government reached agreement on implementing austerity measures demanded by the European Commission, the International Monetary Fund and the European Central Bank. Eurozone finance ministers responded by calling for additional action, including approval of the plan by Greece's parliament, which is set to vote Sunday.

The CDC has announced plans to establish a syndromic surveillance program, which will facilitate information exchange among providers using data from electronic health records. The program will use EHR data that "precedes diagnosis and signals a sufficient probability of a case or an outbreak to warrant further public health response," according to the agency.

The CDC has announced plans to establish a syndromic surveillance program, which will facilitate information exchange among providers using data from electronic health records. The program will use EHR data that "precedes diagnosis and signals a sufficient probability of a case or an outbreak to warrant further public health response," according to the agency.

Lorenzo Bini Smaghi, a member of the European Central Bank Executive Board, said the European Parliament might still approve changes that would improve accountability. However, the proposal would not guarantee that member states no longer repeat mistakes, he said. "The Parliament might come up with ways to make the Eurogroup more accountable in its implementation of the Stability and Growth Pact, with a view to safeguard the general interests for sound budgetary policies against the incentives for mutual forgiveness," Bini Smaghi said. "The discussion is not yet over."